PUBLISHER: IMARC | PRODUCT CODE: 1747090
PUBLISHER: IMARC | PRODUCT CODE: 1747090
Japan squalene market size reached USD 9.2 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 14.7 Million by 2033, exhibiting a growth rate (CAGR) of 5.4% during 2025-2033. The increasing advances in extraction and production technologies that can lead to more efficient and cost-effective methods of obtaining squalene, making it more accessible to various industries, are driving the market.
Squalene is a natural organic compound found in various living organisms, including humans. It is a hydrocarbon derived from the biosynthesis of cholesterol and is a key intermediate in the production of important molecules in the body. Squalene is most commonly associated with its presence in shark liver oil, where it can make up a significant portion of the oil's composition. In skincare and cosmetics, squalene is often used as an emollient and moisturizer due to its excellent hydrating properties. It helps to maintain the skin's moisture balance and can leave the skin feeling soft and smooth. Olive oil is another source of squalene, and it is often used in some cosmetic products as a plant-based alternative to shark-derived squalene. Squalene has also gained attention in the field of vaccine development, where it is used as an adjuvant to enhance the effectiveness of certain vaccines by boosting the body's immune response.
Several key factors are driving the growth of the squalene market in Japan. Firstly, the rising demand for squalene in the cosmetics and personal care industry is a significant driver. Squalene's exceptional moisturizing and skin-rejuvenating properties have made it a sought-after ingredient in skincare products, contributing to its market expansion. In addition to this, the growing awareness of the health benefits associated with squalene consumption has boosted its demand in the pharmaceutical and dietary supplement sectors. Moreover, the regional trend towards natural and organic products has spurred interest in squalene, as it is often derived from sustainable sources such as olive oil and shark liver. This eco-friendly image aligns with the increasing consumer preference for environmentally responsible products. Furthermore, technological advancements in squalene extraction and production processes, which have enhanced its availability and affordability, are expected to drive the squalene market in Japan during the forecast period.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.